On this week’s episode of Capitol Gains, anchor Madison Mills, Washington Correspondent Ben Werschkul, and Senior Columnist ...

The amount of money the government is taking in is outstripped by federal outlays. Fixing this won't be easy, especially in ...

The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said ...

Follow the latest news headlines from Australia's most trusted source. Read in-depth expert analysis and watch live coverage on ABC News.

How much does a tax cut cost? It depends what you compare it to.

Soaring government spending pushed Russia's budget deficit to 2.70 trillion roubles ($31.45 billion) in the first two months ...

Superintendent Vicki Bayer told the board Monday evening the district likely faces a $10 million to $12 million deficit. What ...

The U.S. budget deficit totaled $307 billion for President Donald Trump's first full month in office, up 4%, or $11 billion, ...

Last May, the Rhode Island legislature gave the Rhode Island Public Transit Authority an additional $15 million from the ...

In order to help fill an estimated $238 million, four-year budget gap, Alameda-Contra Costa Transit is hiking bus fares for ...

That is the primary benefit to longer range forecasts. If a deficit is projected in four years, spending decisions made now can make them lower (or higher). Minnesota Management and Budget officials ...

Maryland leaders are now tasked with filling a roughly $3.3 billion budget hole in the next month. How should leaders cut the ...